Frencken
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Fund manager Amova raises stake in Frencken to above 6%
Frencken (SGX:E28) announced that its substantial shareholder, Amova Asset Management, has acquired 1,007,800 shares back on June 2.
In the SGX filing dated June 5, the shares were purchased for a total consideration of $2,638,650.96, which excludes brokerage and stamp duties. This translates to an average price of around $2.62.
With this latest transaction, this brings Amova&rsquo s stake in Frencken from the previous 5.88% to 6.11%.
Shares in Frencken closed 8 cents lower, or 2.67% down at $2.92 on June 5. On a year-to-date basis, Frencken&rsquo s share price gained 111.59%.
ASML all time high...... will be good for Frencken tomorrow.....
Frencken rebounded very very fast....
It is $3.12 now....
Very good fundamentals.....
ASML is doing well... that will help Frencken.....
tongphlp ( Date: 22-May-2026 12:53) Posted:
ANALYST ALERT: Recommendation and Consensus on Frencken Group Ltd, Investor-One / Thu, May 21, 8:00 PM CGS International:
Frencken Group Ltd Current Price: S$2.81 (as of 19 May 2026) Target Price: S$3.25 Recommendation: ADD Up/downside: +15.66%
Frencken Group reported weaker-than-expected 1Q26 results, with revenue and net profit reaching only 22% and 19% of FY26 forecasts respectively due to softer semiconductor demand in Europe, but management maintained confidence in a stronger 2H26 recovery driven by its higher-margin Asian semiconductor operations and improving order outlook from key customers supported by expectations of semicon-led growth into FY27-28 and potential benefits from Singapore&rsquo s Equity Market Development Programme, analysts upgraded the stock from Hold to Add and raised the target price to S$3.25, citing potential earnings upside if semiconductor demand rebounds faster than expected. |
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ANALYST ALERT: Recommendation and Consensus on Frencken Group Ltd, Investor-One / Thu, May 21, 8:00 PM CGS International:
Frencken Group Ltd Current Price: S$2.81 (as of 19 May 2026) Target Price: S$3.25 Recommendation: ADD Up/downside: +15.66%
Frencken Group reported weaker-than-expected 1Q26 results, with revenue and net profit reaching only 22% and 19% of FY26 forecasts respectively due to softer semiconductor demand in Europe, but management maintained confidence in a stronger 2H26 recovery driven by its higher-margin Asian semiconductor operations and improving order outlook from key customers supported by expectations of semicon-led growth into FY27-28 and potential benefits from Singapore&rsquo s Equity Market Development Programme, analysts upgraded the stock from Hold to Add and raised the target price to S$3.25, citing potential earnings upside if semiconductor demand rebounds faster than expected.
those bought at 26x can run liao lor.. still wait for what?
tongphlp ( Date: 20-May-2026 13:22) Posted:
up up all the way....
US-Iran War News Live Updates: Going To End War Very Quickly, Says Trump Iran Warns Of War Surprises Ahead
US President Trump expects the Iran conflict to end quickly, citing Iran' s eagerness for a deal and predicts oil prices will fall sharply.
- Soumil Kamat
- World
- May 20, 2026 10:42 am IST
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Published OnMay 20, 2026 07:20 am IST
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Last Updated OnMay 20, 2026 10:42 am IST
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US President Donald Trump said the war will end &ldquo very quickly&rdquo because Iran wants a deal badly. He predicted oil prices will plummet, saying " there' s so much oil out there, they are going to come plummeting down." Earlier Trump said he was an hour away from making a decision to restart attacks on Iran, but put it off after receiving a call from interlocutors, including Qatar and the UAE, on Tehran being " reasonable" in the peace talks.
The US President said the negotiators said they had made a lot of progress in talks with Iran over the last two days.
On X, Iran' s Foreign Minister Abbas Araghchi said that months after the war began, the US Congress has acknowledged losing dozens of aircraft worth billions. He claimed Iran' s Armed Forces were the first to shoot down an F-35, adding that a return to war would bring " many more surprises" based on lessons learned.
Meanwhile, Senate advances bill aimed at ending Iran war after GOP Senator Bill Cassidy, defeated in primary, switches to support it.
tongphlp ( Date: 20-May-2026 11:07) Posted:
| don' t worry! earnings dive, shares up! |
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up up all the way....
US-Iran War News Live Updates: Going To End War Very Quickly, Says Trump Iran Warns Of War Surprises Ahead
US President Trump expects the Iran conflict to end quickly, citing Iran' s eagerness for a deal and predicts oil prices will fall sharply.
- Soumil Kamat
- World
- May 20, 2026 10:42 am IST
-
Published OnMay 20, 2026 07:20 am IST
-
Last Updated OnMay 20, 2026 10:42 am IST
Share
- Twitter
- WhatsApp
- Facebook
- Reddit
- Email
US President Donald Trump said the war will end &ldquo very quickly&rdquo because Iran wants a deal badly. He predicted oil prices will plummet, saying " there' s so much oil out there, they are going to come plummeting down." Earlier Trump said he was an hour away from making a decision to restart attacks on Iran, but put it off after receiving a call from interlocutors, including Qatar and the UAE, on Tehran being " reasonable" in the peace talks.
The US President said the negotiators said they had made a lot of progress in talks with Iran over the last two days.
On X, Iran' s Foreign Minister Abbas Araghchi said that months after the war began, the US Congress has acknowledged losing dozens of aircraft worth billions. He claimed Iran' s Armed Forces were the first to shoot down an F-35, adding that a return to war would bring " many more surprises" based on lessons learned.
Meanwhile, Senate advances bill aimed at ending Iran war after GOP Senator Bill Cassidy, defeated in primary, switches to support it.
tongphlp ( Date: 20-May-2026 11:07) Posted:
don' t worry! earnings dive, shares up!
Joelton ( Date: 20-May-2026 11:04) Posted:
Frencken shares fall 15.5% after Q1 earnings dive
The technology solutions provider posts a 20.2% drop in net profit
[SINGAPORE] Shares of Frencken : E28 -7.57% fell by as much as 15.5 per cent or S$0.47 to S$2.57 shortly after market open on Tuesday (May 19), weighed down by a dive in its latest first-quarter earnings as well as a broader fall in the tech sector.
As at 9.30 am, nearly 3.4 million shares had changed hands.
Frencken&rsquo s shares were subject to a circuit breaker on Tuesday morning on the Singapore Exchange (SGX). A circuit breaker &ndash which is imposed when a stock&rsquo s price moves beyond a pre-specificed percentage threshold &ndash temporarily restricts trading to facilitate more measured market movement.
The share price drop is a speed bump for Frencken, which has been on a tear in recent months. Up to May 18, the stock had seen a 120.3 per cent increase year to date.
Frencken&rsquo s fall also tracks the broader drop in tech stocks overnight. The S& P 500 ended about 0.1 per cent lower at 7,403.05, weighed down by tech stocks, and the tech-heavy Nasdaq slid 0.5 per cent to close at 26,090.73.
Other tech stocks on SGX also experienced declines in early trading. As at 10.23 am, AEM was down by 4.6 per cent, and UMS Integration saw a 4.4 per cent loss.
The drop in Frencken&rsquo s shares also came after the release of its Q1 business update on Tuesday, where it posted a net profit of S$8 million for Q1 2026, down 20.2 per cent from S$10 million in the year-ago period.
This was mainly due to lower revenue contributions from the semiconductor and analytical life sciences segments of Mechatronics Europe, the technology solutions provider said. The quarterly net profit also included a foreign exchange loss of S$1.1 million.
For the quarter, revenue fell 6.4 per cent to S$202 million from S$215.8 million.
This was primarily driven by a 7.7 per cent year-on-year decrease in mechatronics division&rsquo s revenue to S$180.4 million, which was partially cushioned by robust front-end and back-end sales growth from key semiconductor equipment customers in Asia.
Its medical segment&rsquo s revenue improved 5 per cent year on year to S$34.7 million due mainly to increased customer orders in Europe.
Analytical life sciences segment&rsquo s revenue declined 21.2 per cent year on year to S$36.2 million as customer demand in Mechatronics Europe remained soft in Q1, Frencken said.
Industrial automation segment&rsquo s revenue was relatively stable at S$7.6 million, contributed mainly by a key data storage customer&rsquo s capital expenditure on upgrading and maintenance of assembly and test lines.
Meanwhile, the APS Division&rsquo s revenue grew 4.3 per cent to S$20.5 million, lifted by higher sales to automotive customers.
The group on Tuesday said that while the macroeconomic environment remains uncertain amid ongoing geopolitical conflicts and foreign exchange volatility, it anticipates improving momentum for the rest of the year.
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stated in the results updates
1Q26 BUSINESS OVERVIEW
' As Mechatronics Europe positions itself for a pick-up in business activity in the second half of this year, the Group envisages improving momentum for the remainder of the year. It also expects to deliver higher revenue and profit in FY2026 as key customers&rsquo outlook remain positive.'
don' t worry! earnings dive, shares up!
Joelton ( Date: 20-May-2026 11:04) Posted:
Frencken shares fall 15.5% after Q1 earnings dive
The technology solutions provider posts a 20.2% drop in net profit
[SINGAPORE] Shares of Frencken : E28 -7.57% fell by as much as 15.5 per cent or S$0.47 to S$2.57 shortly after market open on Tuesday (May 19), weighed down by a dive in its latest first-quarter earnings as well as a broader fall in the tech sector.
As at 9.30 am, nearly 3.4 million shares had changed hands.
Frencken&rsquo s shares were subject to a circuit breaker on Tuesday morning on the Singapore Exchange (SGX). A circuit breaker &ndash which is imposed when a stock&rsquo s price moves beyond a pre-specificed percentage threshold &ndash temporarily restricts trading to facilitate more measured market movement.
The share price drop is a speed bump for Frencken, which has been on a tear in recent months. Up to May 18, the stock had seen a 120.3 per cent increase year to date.
Frencken&rsquo s fall also tracks the broader drop in tech stocks overnight. The S& P 500 ended about 0.1 per cent lower at 7,403.05, weighed down by tech stocks, and the tech-heavy Nasdaq slid 0.5 per cent to close at 26,090.73.
Other tech stocks on SGX also experienced declines in early trading. As at 10.23 am, AEM was down by 4.6 per cent, and UMS Integration saw a 4.4 per cent loss.
The drop in Frencken&rsquo s shares also came after the release of its Q1 business update on Tuesday, where it posted a net profit of S$8 million for Q1 2026, down 20.2 per cent from S$10 million in the year-ago period.
This was mainly due to lower revenue contributions from the semiconductor and analytical life sciences segments of Mechatronics Europe, the technology solutions provider said. The quarterly net profit also included a foreign exchange loss of S$1.1 million.
For the quarter, revenue fell 6.4 per cent to S$202 million from S$215.8 million.
This was primarily driven by a 7.7 per cent year-on-year decrease in mechatronics division&rsquo s revenue to S$180.4 million, which was partially cushioned by robust front-end and back-end sales growth from key semiconductor equipment customers in Asia.
Its medical segment&rsquo s revenue improved 5 per cent year on year to S$34.7 million due mainly to increased customer orders in Europe.
Analytical life sciences segment&rsquo s revenue declined 21.2 per cent year on year to S$36.2 million as customer demand in Mechatronics Europe remained soft in Q1, Frencken said.
Industrial automation segment&rsquo s revenue was relatively stable at S$7.6 million, contributed mainly by a key data storage customer&rsquo s capital expenditure on upgrading and maintenance of assembly and test lines.
Meanwhile, the APS Division&rsquo s revenue grew 4.3 per cent to S$20.5 million, lifted by higher sales to automotive customers.
The group on Tuesday said that while the macroeconomic environment remains uncertain amid ongoing geopolitical conflicts and foreign exchange volatility, it anticipates improving momentum for the rest of the year.
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Frencken shares fall 15.5% after Q1 earnings dive
The technology solutions provider posts a 20.2% drop in net profit
[SINGAPORE] Shares of Frencken : E28 -7.57% fell by as much as 15.5 per cent or S$0.47 to S$2.57 shortly after market open on Tuesday (May 19), weighed down by a dive in its latest first-quarter earnings as well as a broader fall in the tech sector.
As at 9.30 am, nearly 3.4 million shares had changed hands.
Frencken&rsquo s shares were subject to a circuit breaker on Tuesday morning on the Singapore Exchange (SGX). A circuit breaker &ndash which is imposed when a stock&rsquo s price moves beyond a pre-specificed percentage threshold &ndash temporarily restricts trading to facilitate more measured market movement.
The share price drop is a speed bump for Frencken, which has been on a tear in recent months. Up to May 18, the stock had seen a 120.3 per cent increase year to date.
Frencken&rsquo s fall also tracks the broader drop in tech stocks overnight. The S& P 500 ended about 0.1 per cent lower at 7,403.05, weighed down by tech stocks, and the tech-heavy Nasdaq slid 0.5 per cent to close at 26,090.73.
Other tech stocks on SGX also experienced declines in early trading. As at 10.23 am, AEM was down by 4.6 per cent, and UMS Integration saw a 4.4 per cent loss.
The drop in Frencken&rsquo s shares also came after the release of its Q1 business update on Tuesday, where it posted a net profit of S$8 million for Q1 2026, down 20.2 per cent from S$10 million in the year-ago period.
This was mainly due to lower revenue contributions from the semiconductor and analytical life sciences segments of Mechatronics Europe, the technology solutions provider said. The quarterly net profit also included a foreign exchange loss of S$1.1 million.
For the quarter, revenue fell 6.4 per cent to S$202 million from S$215.8 million.
This was primarily driven by a 7.7 per cent year-on-year decrease in mechatronics division&rsquo s revenue to S$180.4 million, which was partially cushioned by robust front-end and back-end sales growth from key semiconductor equipment customers in Asia.
Its medical segment&rsquo s revenue improved 5 per cent year on year to S$34.7 million due mainly to increased customer orders in Europe.
Analytical life sciences segment&rsquo s revenue declined 21.2 per cent year on year to S$36.2 million as customer demand in Mechatronics Europe remained soft in Q1, Frencken said.
Industrial automation segment&rsquo s revenue was relatively stable at S$7.6 million, contributed mainly by a key data storage customer&rsquo s capital expenditure on upgrading and maintenance of assembly and test lines.
Meanwhile, the APS Division&rsquo s revenue grew 4.3 per cent to S$20.5 million, lifted by higher sales to automotive customers.
The group on Tuesday said that while the macroeconomic environment remains uncertain amid ongoing geopolitical conflicts and foreign exchange volatility, it anticipates improving momentum for the rest of the year.
CGS
Frencken Group Ltd - Upgrade to Add driven by semicon recovery
ADD TP:S$3.25
■ Frencken&rsquo s 1Q26 results were below expectations, with revenue at 22% of our/Bloomberg consensus&rsquo FY26F forecasts, and net profit at 19%/18%.
■ However, as management expects stronger 2H26F revenue driven by higher-margin Asia operations, we retain our FY26F forecasts.
■ We upgrade from Hold to Add, with a higher TP of S$3.25, as Frencken guides for stronger FY27-28F outlook driven by the semiconductor segment
Frencken profit drop so much? If 20%, but the share price will it drop further?
Analysts had already warned that 1H26 would likely be soft because a key European semiconductor customer was drawing down inventory. Wait for next H.
die...cant sleep...how?
huattuatua ( Date: 19-May-2026 09:08) Posted:
net profits drop by 20%
and circuit breaker triggers
scary sial |
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$1.50 shot up all the way following trend and then result disappoint.
cannot imagine those bought at 3.30 and above for contra..
huattuatua ( Date: 19-May-2026 09:08) Posted:
net profits drop by 20%
and circuit breaker triggers
scary sial |
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net profits drop by 20%
and circuit breaker triggers
scary sial
drop14% only circuit breaker?
wehuattogether88 ( Date: 19-May-2026 09:05) Posted:
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Drop like a rock
Crossing $3 today should not be very difficult......
Alignment ( Date: 10-May-2026 20:41) Posted:
ASML was up 5% on Friday in the US...
Alignment ( Date: 29-Apr-2026 19:22) Posted:
| The share price chart looks so similar to ASMLs... now rising again after taking a rest for the past two days. |
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